8 Affordable Retirement Hobbies

You've put in your retirement papers and are ready for the next phase of life. Now unless your financial situation allows for globe-trotting and a carefree lifestyle, you may need to readjust your spending habits to suit your income. However, there's no reason to cut down on leisure activities and hobbies. We offer a few suggestions that will keep you active and happy, but won't break the bank.

Photography
Snapping your favorite images was costly when buying film and paying for processing were your only options. However, today's digital cameras (relatively inexpensive for a non-professional model) allow for unlimited picture-taking, sorting and printing on your home computer or laptop. Name-brand models with 10MP or higher can run for less than $100, a bargain for those starting out.
Extra costs: photo paper runs about $15 for 50 sheets at most office supply stores.
Bonus: You can post and send emails on your favorite website for free.

Genealogy
Tracing your family roots can be a wonderful way to spend your spare time and preserve a little bit of history. Local libraries and the Internet are valuable resources for getting started. Also, there are several government websites where you can access free archived information, such as names and photographs, to trace your family tree. You might also look into forums and other online sources for information searching and sharing.
Cost: free.

Reading and Writing
Want to be the next great novelist? Love poetry? Need to catch up on the latest best-seller? Retirement affords you the time to do all of it, and you needn't dish out big bucks. Many public libraries participate in exchange co-op programs, so you can access any book, book-on-tape, CDs and DVDs for free. If you're interested in writing on a casual or personal basis, or if you want to try your hand at making a few extra bucks, try blogging or submitting your work to free sites that accept entries.

Meditation and Yoga
These hobbies are relatively easy and inexpensive, as well as beneficial to your health. You may want to take a few yoga lessons to ensure proper positioning and breathing techniques. Senior centers and local adult school programs may offer lessons at reduced rates, and how-to guides are available in libraries and book stores. Once you achieve a basic understanding of the principles, you can perform the techniques on your own to suit your personal schedule. The best part: your body (and mind) will love you for it.
Cost: yoga mat $20.

Arts and Crafts
The word "retirement" might immediately bring to mind images of rocking chairs and knitting needles. However, today's retirees have access to a lot more options for their leisure time. While knitting and crocheting are wonderful hobbies and yield beautiful homemade items, yarn, needles and other supplies are not cheap. However, origami and paper crafts, scrapbooking, drawing, woodcarving and floral arranging are inexpensive ways to create wonderful gifts for friends or loved ones. Take a class or borrow how-to books from the library to get started.
Cost: nominal supplies.

Sports and Physical Activities
Golf and tennis are sports that can be enjoyed by people of all ages. However, memberships to exclusive country clubs can set you back a pretty penny. Instead, sign up to play on public golf courses, which charge considerably less for a round. If possible, walk rather than rent a cart (you'll get extra exercise in, too) and have your clubs cleaned and re-gripped instead of springing for a brand new set. Also, adapt your schedule to play in the off-hours, such as late afternoons or weekdays, when rates are reduced. (Some courses also offer nine-hole rates for off-peak times). The same applies to Tennis. Not only are outdoor public courts free, but you'll also get some fresh air. If sports are not your thing, dancing, bicycling, hiking and walking are perfect for staying in shape, meeting new people and having fun.
Costs: varied.

Games and Puzzles
Experts agree that playing games like chess, scrabble and cards are beneficial to your mental health and memory, warding off conditions such as depression and Alzheimer's. Crossword puzzles and Sudokus also help to keep your mind sharp as you age.
Cost: Minimal.

Volunteering
Offering your time and talent is a wonderful way to spend your retirement and give back to the community. Whether with a national organization or a local food bank, volunteers are always needed and always welcome. You also may want to consider tutoring or lecturing in your area of expertise, or doing odd jobs for folks who don't have the financial means to pay contractors.
Cost: Nothing.
Bonus: You'll be helping where help is needed the most.

The Bottom Line
Retirement doesn't mean you have to stay still, and you don't have to break the bank to have fun and keep busy. Be sure to stay mentally and physically active in order to remain healthy and energetic after your working years are over.



More From Investopedia

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.
Loading...
  • LG G6 renders revealed by Ghostek ahead of MWC announcement
    LG G6 renders revealed by Ghostek ahead of MWC announcement International Business Times - 24 minutes ago

    LG G6 case renders have surfaced online, ahead of the phone's launch at the MWC. … More »

  • Son and daughters of stars are fashion's new royalty
    Son and daughters of stars are fashion's new royalty AFP News - 3 hours ago

    They are fashion's new celebrity aristocracy, the sons and daughters of stars who are themselves becoming the kings and queens of the catwalk shows. From Lily-Rose Depp and Will Smith's daughter Willow -- the faces of Chanel -- to the Beckham boys … More »

  • Happy New Year with Rising Home Loan Rates?
    Happy New Year with Rising Home Loan Rates? feed_manager_auto_publish_494--autopubtest_WPTUMBLR_485 - 3 hours ago

    Happy New Year with Rising Home Loan Rates? … More »

  • The skin cure fad threatening Myanmar's elephants
    The skin cure fad threatening Myanmar's elephants AFP News - 6 hours ago

    "Elephant's skin can cure skin diseases like eczema," one shop owner, who requested anonymity, told AFP next to a counter brimming with porcupine quills and snake skins. Then you get the ash and mix it with coconut oil to apply on the eczema." He … More »

  • Who's who in the Syria conflict
    Who's who in the Syria conflict AFP News - 6 hours ago

    Talks aimed at ending Syria's nearly six-year war are set to open on Monday in the Kazakh capital, brokered by regime allies Russia and Iran and rebel backer Turkey. Key regime backer Russia began an air campaign in support of President Bashar … More »

  • Years of failed efforts to end Syrian conflict
    Years of failed efforts to end Syrian conflict AFP News - 7 hours ago

    Since the start of Syria's war in 2011, several diplomatic initiatives have stumbled over the future of President Bashar al-Assad. Here is a recap: - End of Arab solutions - In January 2012, two months after an initial bid to end the violence, … More »

  • US stocks rise, dollar falls as Trump era begins
    US stocks rise, dollar falls as Trump era begins AFP News - 7 hours ago

    US stocks rose and the dollar fell Friday as Donald Trump was officially sworn in as the president of the United States and Barack Obama's term ended. Trump's inauguration dominated a day that saw most major equity markets rise as the … More »

  • Automotive industry: Sales lower but resilient Business Times - 7 hours ago

    CYBERJAYA: The Malaysian automotive industry is resilient, considering there were no “surprises” by the industry players last year, despite lower sales figures, according to Malaysia Automotive Institute (MAI) chief. Chief executive officer Datuk … More »

  • Automotive industry: Sales lower but resilient Business Times - 7 hours ago

    CYBERJAYA: The Malaysian automotive industry is resilient, considering there were no “surprises” by the industry players last year, despite lower sales figures, according to Malaysia Automotive Institute (MAI) chief. Chief executive officer Datuk … More »

  • Top gainer: UMW Holdings shares soar Business Times - 7 hours ago

    KUALA LUMPUR: UMW Holdings Bhd soared almost 10 per cent yesterday, while its subsidiary UMW Oil & Gas Corp Bhd (UMW O&G) plunged more than 17 per cent, following the announcement of their consolidation plans. UMW Holdings was Bursa Malaysia’s top … More »

  • Top gainer: UMW Holdings shares soar Business Times - 7 hours ago

    KUALA LUMPUR: UMW Holdings Bhd soared almost 10 per cent yesterday, while its subsidiary UMW Oil & Gas Corp Bhd (UMW O&G) plunged more than 17 per cent, following the announcement of their consolidation plans. UMW Holdings was Bursa Malaysia’s top … More »

  • Trump's inauguration day of ritual upends tradition
    Trump's inauguration day of ritual upends tradition AFP News - 8 hours ago

    Donald Trump awoke as your everyday American billionaire. By noon he was sworn in as the nation's 45th president, on a whirlwind day that saw him thrust into the spotlight like never before. Trump, 70, began his Inauguration Day as many American … More »

  • Trump signs executive order against Obamacare health law
    Trump signs executive order against Obamacare health law AFP News - 8 hours ago

    President Donald Trump signed an executive order aimed at limiting the "burden" of the Obamacare health law that the incoming US leader has vowed to repeal. During the signing in the Oval Office, Trump's chief of staff Reince Priebus described the … More »

  • Singaporean buyer scores a bargain at St Regis Residences
    Singaporean buyer scores a bargain at St Regis Residences The Edge Property - 9 hours ago

    One of the first few resale transactions in 2017 resulted in a hefty loss for the seller. On Jan 3, a high-floor unit at St Regis Residences Singapore was sold at a loss of $2.3 million. The seller bought the unit in a sub-sale transaction in 2008 … More »

  • US stocks rise, dollar falls as Trump era begins Business Times - 10 hours ago

    NEW YORK: US stocks rose and the dollar fell Friday as Donald Trump was officially sworn in as the president of the United States and Barack Obama’s term ended. Trump’s inauguration dominated a day that saw most major equity markets rise as the … More »

  • US stocks rise, dollar falls as Trump era begins AFP - 10 hours ago

    US stocks rose and the dollar fell Friday as Donald Trump was officially sworn in as the president of the United States and Barack Obama's term ended. Trump's inauguration dominated a day that saw most ... … More »

  • Trump gets Obama's house, title _ even his Twitter handle
    Trump gets Obama's house, title _ even his Twitter handle Associated Press - 11 hours ago

    Donald Trump built his campaign on early morning tweet storms and hashtag-worthy slogans. Now president, he's in control of the White House's powerful social media arsenal, including the official @POTUS ... … More »

  • Business Highlights Associated Press - 12 hours ago

    ___ China's growth in 2016 slumps as Trump trade struggle looms China's economic growth sank to a three-decade low in 2016 as its struggling exporters brace for a possible trade battle with President-elect ... … More »

  • Stocks edge higher, snapping a 5-day losing streak for Dow
    Stocks edge higher, snapping a 5-day losing streak for Dow Associated Press - 12 hours ago

    Materials companies led U.S. stocks modestly higher Friday, recouping much of the market's loss from a day earlier and snapping a 5-day losing streak for the Dow Jones industrial average. Another crop ... … More »

  • How major US stock market indexes fared on Friday Associated Press - 12 hours ago

    Stocks closed modestly higher Friday, recouping much of the market's loss from a day earlier. The gains, which snapped a 5-day losing streak for the Dow Jones industrial average, came against the backdrop ... … More »

  • Gambia's Jammeh agrees to go, but exile terms not reached
    Gambia's Jammeh agrees to go, but exile terms not reached AFP News - 12 hours ago

    Gambia's Yahya Jammeh agreed "in principle" to hand over power to President Adama Barrow on Friday, Mauritanian and Guinean sources said, but differences remained before a full deal could be reached. Mauritania's President Mohamed Ould Abdel Aziz … More »

  • Dollar falls, U.S. stocks end higher after Trump inauguration
    Dollar falls, U.S. stocks end higher after Trump inauguration Reuters - 12 hours ago

    The dollar ended down while U.S. stock indexes rose in the last day of a choppy trading week, as investors reacted to President Donald Trump's inaugural speech. U.S. stocks started the day higher but gave up some gains after Trump started speaking. … More »

  • TrailStone buys Cargill's power and gas group - sources
    TrailStone buys Cargill's power and gas group - sources Reuters - 12 hours ago

    Commodities trader and investor TrailStone Group has purchased Cargill Inc's gas and power trading group, three sources familiar with the deal said this week. The move, first reported by Sparkspread, comes amid a reshuffling in the power and … More »

  • Dollar falls as investors unpack inauguration speech
    Dollar falls as investors unpack inauguration speech Reuters - 12 hours ago

    The dollar edged down on Friday as investors were underwhelmed by the limited scope of executive actions and the lack of concrete policy reforms in the inauguration speech of newly sworn-in U.S. President Donald Trump. Investors had been looking to … More »

  • Oil prices jump 2 percent ahead of producers' compliance meeting
    Oil prices jump 2 percent ahead of producers' compliance meeting Reuters - 12 hours ago

    Oil prices rose more than 2 percent on Friday on expectations that this weekend's meeting of the world's top oil producers would demonstrate compliance to a global output cut deal, but rising U.S. drilling activity limited gains. Members of the … More »

 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.172-0.002-1.15%
    N21.SI
    0.109+0.003+2.83%
    AAJ.SI
    0.121+0.006+5.22%
    40F.SI
    3.81+0.03+0.79%
    Z74.SI
    0.855-0.005-0.58%
    Y92.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.45+0.12+36.36%
    MR8.SI
    0.44+0.09+25.71%
    AWC.SI
    0.46+0.08+21.05%
    AYB.SI
    0.52+0.07+16.85%
    E8Z.SI
    0.20+0.02+10.50%
    BDN.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.22-0.03-13.73%
    AWI.SI
    0.155-0.015-8.82%
    F86.SI
    0.113-0.010-8.13%
    D79.SI
    0.23-0.02-8.00%
    T18.SI
    0.139-0.011-7.33%
    5NF.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.4246-0.0012-0.09%
    USDSGD=X
    1.5220+0.0019+0.12%
    EURSGD=X
    1.7591+0.0004+0.02%
    GBPSGD=X
    80.1670-0.478-0.59%
    SGDJPY=X
    5.4390+0.002+0.04%
    SGDHKD=X
    3.1179-0.0011-0.04%
    SGDMYR=X
    9,436.7451+30.9307+0.33%
    SGDIDR=X
    4.8209+0.004+0.08%
    SGDCNY=X
    1.0759-0.0017-0.16%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,210.20+8.70+0.72%
    GCG17.CMX
    17.11+0.11+0.66%
    SIH17.CMX
    88.68+1.12+1.28%
    ^XAU
    2.620.00+0.19%
    HGH17.CMX
    52.33+0.96+1.87%
    CLG17.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.94-0.01
    ^FVX
    2.47+0.01
    ^TNX
    3.05+0.01
    ^TYX